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Published in 2018 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100518000408
Abstract: This paper focuses on the question of what monetary and fiscal policy can do and should do in a “fiscal dominance” world. I first highlight that both “amplification” and “fiscal cushion” effects are always at…
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Keywords:
monetary fiscal;
fiscal policy;
policy;
fiscal dominance ... See more keywords
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Published in 2018 at "International Economic Journal"
DOI: 10.1080/10168737.2018.1534133
Abstract: ABSTRACT This paper examines the interaction between monetary and fiscal policies. Using annual panel data covering the period from 1991 to 2016 for 42 countries, it characterizes the cyclical behavior of monetary and fiscal policy,…
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Keywords:
monetary fiscal;
policy;
coordination;
policy coordination ... See more keywords
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Published in 2021 at "iranian economic review"
DOI: 10.22059/ier.2021.81550
Abstract: The importance of monetary and fiscal policy coordination, in view of the financial crises of recent decades, has increased more and this has led countries to adopt coherent and coordinated policy combinations to deal with…
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Keywords:
coordination;
fiscal policy;
interaction;
policy ... See more keywords